The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis Investment Managers, as co-chairs of its CEO council. Raby and Emond are succeeding the founding co-chairs of the council, Ron Mock, former CEO of the Ontario Teachers’ […]
The Ontario Teachers’ Pension Plan is expanding its strategic relationship with Wellington Management Co. to better integrate climate science research into its investments. Wellington and the Ontario Teachers’ are collaborating with the Woods Hole Research Center, a climate-change think tank, with the goal of applying research findings when executing the Ontario Teachers’ investment strategies and […]
The Ontario Teachers’ Pension Plan posted a net return of 10.4 per cent for 2019, bringing net assets to $207.4 billion. Its $20.2 billion in investment income represents an organizational best, said Jo Taylor, the pension fund’s president and chief executive officer, on a conference call Tuesday morning, outperforming the 2018 return of 2.5 per […]
If climate change represents one of the largest systemic risks the global economy has ever faced, dealing with its ramifications is going to move a lot of money. The world’s youth have taken to the streets calling on their governments for massive, co-ordinated policy change, but it hasn’t yet manifested. Any piecemeal regulatory shifts suffer […]
The Ontario Teachers’ Pension Plan, alongside Morrison & Co. on behalf of the Utilities Trust of Australia, is acquiring the Infrastructure Fund’s ownership stake in the Sydney Desalination Plant. As a result of the transaction, Ontario Teachers’ ownership of SDP will increase to 60 per cent, while UTA’s interest, managed by Morrison & Co, will […]
The Ontario Teachers’ Pension Plan is joining a consortium to purchase RSA Security in an all-cash transaction for more than $2.07 billion, subject to certain adjustments. RSA is a cybersecurity company that provides business-driven solutions for managing digital risk. The deal includes subsidiary companies RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Risk […]
Ron Mock, who recently retired as the president and chief executive officer of the Ontario Teachers’ Pension Plan, has been appointed a senior fellow of the C.D. Howe Institute. “Ron has had an extraordinary career, culminating in his leadership of one of Canada’s standout pension successes,” said William Robson, president and CEO of C.D. Howe, […]
The Ontario Teachers’ Pension Plan is launching a venture incubator called Koru, which aims to create, test and build scalable new digital businesses. “Koru is a clear demonstration of Ontario Teachers’ partnership model of investing,” said Ziad Hindo, chief investment officer at the Ontario Teachers’, in a press release. “It provides us with an entirely […]
A group of institutional investors, including numerous large Canadian defined benefit pension plans, has released a handbook outlining their experiences implementing the recommendations from the task force on climate-related financial disclosures. The Canadian plans include the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board, the […]
The OPSEU Pension Trust is appointing Peter Lindley as its president and chief executive officer, effective Sept. 16, 2019. “Peter Lindley brings deep experience in investing to this role and the board is pleased to have someone of his expertise and calibre join OPTrust,” said Michael Grimaldi, chair of the OPTrust board of trustees, in […]